SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(MARK ONE)

 X   Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange
---  Act of 1934


For the quarterly period ended August 31, 2000.

     Transition  report  pursuant  to  Section  13 or  15(d)  of the  Securities
---  Exchange Act of 1934

For the transition period from ______________________ to ____________________

Commission File No.     000-27225
                    ----------------


                                  ENETPC, INC.
--------------------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


          Minnesota                                       41-1427445
--------------------------------          --------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)


6825 Shady Oak Road, Eden Prairie, Minnesota                     55344
--------------------------------------------            ----------------------
(Address of principal executive offices)                       (ZIP Code)


Issuer's telephone number, including area code:              (952) 943-1598
                                                        ----------------------


                         CYBERSTAR COMPUTER CORPORATION
--------------------------------------------------------------------------------
(Former  name,  former  address and former  fiscal year,  if changed  since last
report)


Indicate by check mark whether the issuer (1) has filed all reports  required to
be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during
the past 12 months (or for such  shorter  period that the issuer was required to
file such reports), and (2) has been subject to such filing requirements for the
past 90 days. Yes X No

         The number of shares of the issuer's Common Stock outstanding at August
31, 2000 was 4,691,496 shares.



<PAGE>
<TABLE>
<CAPTION>


                                  ENETPC, INC.

                                TABLE OF CONTENTS

                                                                                                             Page No.
                                                                                                            -----------
                                               Part I. Financial Information

<S>               <C>                                                                                       <C>
Item 1.           Financial Statements

                  Balance Sheets as of August 31, 2000 (unaudited) and February 29, 2000                          3

                  Statements of Operations  for Three Months and Six Months Ended August 31, 2000 and 1999        4
                  (unaudited)

                  Statements of Cash Flows for the Six Months Ended August 31, 2000 and 1999 (unaudited)          5

                  Notes to the Financial Statements (unaudited)                                                   6

Item 2.           Management's Discussion and Analysis                                                            9

                                                 Part II. Other Information

Item 4.           Submission of Matters to a Vote of Security Holders                                            11

Item 6.           Exhibits and Reports on Form 8-K                                                               11

Signature                                                                                                        12
</TABLE>

                                       2
<PAGE>


                          PART I. FINANCIAL INFORMATION

ITEM I.  FINANCIAL STATEMENTS

<TABLE>
<CAPTION>

                                        ENETPC, INC.

                                       BALANCE SHEETS

                                                          AUGUST 31        FEBRUARY 29
                                                            2000              2000
                                                            ----              ----
                                                        (Unaudited)
<S>                                                  <C>                <C>

ASSETS
Current assets:
     Cash                                            $       766,871    $        496,486
     Accounts receivable, less allowance
         for doubtful accounts - $68,466
         at August 31, 2000 and
         $80,500 at February 29, 2000                        893,191             574,506
     Inventories                                             463,643             295,511
     Prepaid expenses                                         41,785              30,216
                                                     ---------------   -----------------
Total current assets                                       2,165,490           1,396,719

Property and equipment:
     Office equipment and furniture                          397,770             260,949
     Leasehold improvements                                   37,270              37,270
     Production equipment                                     55,983              46,915
                                                     ---------------   -----------------
                                                             491,023             345,134
     Accumulated depreciation                               (261,030)           (222,656)
                                                     ---------------   -----------------
                                                             229,993             122,478

Goodwill                                                      18,291                   0
                                                     ---------------   ------------------

Total assets                                         $     2,413,774    $      1,519,197
                                                     ===============    ================


LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
     Notes payable                                   $       300,000    $              0
     Accounts payable                                         26,383             239,329
     Accrued payroll and payroll taxes                        18,219              39,874
     Accrued liabilities                                      80,995              38,176
                                                     ---------------   ------------------
Total current liabilities                                    425,597             317,379

Shareholders' equity:
     Common stock, $.01 par value
         Authorized shares - 20,000,000
         Issued and outstanding shares - 4,691,496
              at August 31, 2000 and 4,333,095
              at February 29, 2000                            46,915              43,331
     Additional paid-in capital                            4,694,607           3,069,049
     Deferred compensation                                  (688,272)           (237,370)
     Accumulated deficit                                  (2,065,073)         (1,673,192)
                                                     ----------------  ------------------
Total shareholders' equity                                 1,988,177           1,201,818
                                                     ----------------  -------------------

Total liabilities and shareholders' equity           $     2,413,774    $      1,519,197
                                                     ================   ==================
SEE ACCOMPANYING NOTES
</TABLE>

                                       3
<PAGE>

<TABLE>
<CAPTION>

                                  ENETPC, INC.

                      STATEMENTS OF OPERATIONS (UNAUDITED)

                                                  THREE MONTHS ENDED                   SIX MONTHS ENDED
                                                        AUGUST 31                         AUGUST 31
                                                2000              1999              2000             1999
                                                ----              ----              ----             ----
<S>                                        <C>                <C>               <C>              <C>

Sales                                       $   3,313,280     $   1,004,822     $  6,570,701    $   2,156,292
Cost of sales                                   2,924,337           827,644        5,998,392        1,783,208
                                            -------------     -------------     ------------    -------------
Gross profit                                      388,943           177,178          572,309          373,084

Operating expenses:
     General and administrative                   473,922           267,896          828,726          513,386
     Sales and marketing                           90,377             3,427           98,188           22,783
                                            -------------     -------------     ------------    -------------
                                                  564,299           271,323          926,914          536,169
                                            -------------     -------------     ------------    -------------
Loss from operations                             (175,356)          (94,145)        (354,605)        (163,085)

Other income (expense):
     Interest income                                4,836               507            7,693            1,792
     Interest expense                             (35,722)              (32)         (41,434)          (2,224)
     Other income (expense)                        (1,811)           (1,272)          (3,535)          (1,898)
                                            --------------    -------------     ------------    -------------
                                                  (32,697)             (797)         (37,276)          (2,330)
                                            -------------     -------------     ------------    -------------

Net loss                                    $    (208,053)    $     (94,942)    $   (391,881)   $    (165,415)
                                            =============     ==============    ============    =============

Net loss per common share - basic
     and diluted                            $       (0.05)    $       (0.02)    $      (0.09)   $       (0.04)
                                            =============     =============     ============    =============

Weighted average common shares
     outstanding - basic and diluted            4,508,568         3,928,095         4,420,357       3,928,095
                                            =============     =============     =============   =============
</TABLE>

SEE ACCOMPANYING NOTES

                                       4
<PAGE>

<TABLE>
<CAPTION>

                                  ENETPC, INC.

                      STATEMENTS OF CASH FLOWS (UNAUDITED)

                                                               SIX MONTHS ENDED       SIX MONTHS ENDED
                                                                AUGUST 31, 2000        AUGUST 31, 1999
                                                                ---------------        ---------------
<S>                                                           <C>                      <C>

CASH FLOWS USED IN OPERATING ACTIVITIES
Net loss                                                      $        (391,881)       $      (165,415)
Adjustments to reconcile net loss to net cash used in
     operating activities:
         Depreciation and amortization                                  137,782                 38,242
         Changes in operating assets and liabilities:
              Accounts receivable                                      (318,685)               124,817
              Inventories                                              (168,132)               128,377
              Insurance receivable                                            0                246,380
              Prepaid expenses                                          (11,569)                  (147)
              Goodwill                                                  (18,601)                     0
              Accounts payable                                         (212,946)              (139,110)
              Accrued expenses                                           21,164                (75,371)
                                                              ------------------       ---------------
Net cash used in operating activities                                  (962,868)               157,773

CASH FLOWS USED IN INVESTING ACTIVITIES
Proceeds from sale of property and equipment                                  0                  8,428
Purchases of property and equipment                                    (145,889)               (15,058)
                                                              ------------------       ---------------
Net cash used in investing activities                                  (145,889)                (6,630)

CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from sale of common stock                                1,079,142                      0
Net proceeds from (payments on) line of credit                          300,000               (150,000)
                                                              ------------------       ---------------

Net cash provided by financing activities                             1,379,142               (150,000)
                                                              -----------------        ---------------

Increase in cash                                                        270,385                  1,143
Cash at beginning of period                                             496,486                 73,191
                                                              ------------------       ---------------
Cash at end of period                                         $         766,871        $        74,334
                                                              =================        ===============

</TABLE>

SEE ACCOMPANYING NOTES

                                       5
<PAGE>


                                  ENETPC, INC.

                    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

Note 1.  BASIS OF PRESENTATION

The accompanying  unaudited financial statements of eNetpc (the "Company") as of
August 31, 2000 and for the three and six months  ended August 31, 2000 and 1999
have  been  prepared  by the  Company,  without  audit,  pursuant  to rules  and
regulations  of  the  Securities  and  Exchange  Commission   ("SEC").   Certain
information and footnote disclosures,  normally included in financial statements
prepared in accordance with generally accepted accounting principles,  have been
condensed or omitted pursuant to such rules and  regulations.  In the opinion of
management,  the financial  statements  included in this Form 10-QSB include all
adjustments,  consisting  only of normal and recurring  adjustments,  considered
necessary for a fair  presentation of the financial  position and the results of
operations and cash flows for the periods  presented.  Operating results for the
three and six months ended August 31, 2000 are not necessarily indicative of the
results  that may be  expected  for the year ending  February  28,  2001.  These
condensed  financial  statements  and  footnote  disclosures  should  be read in
conjunction  with the financial  statements  and footnotes  thereto for the year
ended February 29, 2000, included in the Company's Annual Report on Form 10-KSB.
The  preparation  of the  financial  statements  in  conformity  with  generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that  affect  amounts  reported  in the  financial  statements  and
accompanying notes to the financial statements. Actual results could differ from
those estimates.

Note 2.  INVENTORIES

Inventories  are stated at the lower of cost  (first-in,  first-out)  or market.
Inventories consist principally of purchased components.

Note 3.  NOTE PAYABLE TO BANK

The Company has a revolving line of credit of $300,000 with a bank. This line of
credit is secured by all of the  Company's  assets and the personal  guaranty of
the majority  shareholder.  Borrowings under the line accrued interest at a rate
of 1.0% over the prime rate (9.5% at August 31,  2000) and  amounted to $300,000
at August 31, 2000.

During fiscal 2000,  the Company had a revolving line of credit of $150,000 with
a bank. Borrowings under the line accrued interest at a rate of 1.5% over prime.
The line of credit expired April 25, 1999 and was not renewed.

Note 4.  SEGMENT AND GEOGRAPHIC DATA

The Company has one  reportable  segment,  computer  systems and products.  This
segment,  which is  comprised  of the  CyberStar,  VAR and Virtual  Distribution
(formerly ITC) divisions,  distributes branded and proprietary  computer systems
and peripheral  equipment.  CyberStar  distributes  its products  throughout the
United  States.  The VAR division  sells its  products  through  resellers.  The
Virtual  Distribution  division  was  started  in  April  2000  and  distributes
domestically  and  internationally  tier-one  computer  hardware,  software  and
peripherals to large computer resellers.

                                       6
<PAGE>
<TABLE>
<CAPTION>

The following table presents sales information by division:

                                           THREE MONTHS ENDED                    SIX MONTHS ENDED
                                                AUGUST 31                            AUGUST 31
1999
NET SALES                                2000             1999               2000                 1999
---------                                ----             ----               ----                 ----
<S>                                  <C>               <C>                <C>                <C>
CyberStar(R)division                   $   463,437      $   707,638       $    943,039        $  1,467,608
VAR division                           $   172,918      $   297,184       $    437,612        $    688,684
Virtual Distribution division          $ 2,676,925      $         0       $  5,190,050        $          0
                                       -----------      -----------      -------------        ------------
                                       $ 3,313,280      $ 1,004,822       $  6,570,701        $  2,156,292
                                       ===========      ===========      =============        ============
</TABLE>

Note 5. NET LOSS PER COMMON SHARE

Basic net income/loss per share is computed based on the weighted average number
of common  shares  outstanding  during each  period.  Diluted net loss per share
includes the incremental shares assumed issued on the exercise of stock options.
Basic  and  diluted  net loss per  share are  equal  because  the  effect of the
outstanding stock options and warrants is antidilutive.

Note 6. STOCK EXCHANGE

On  April  1,  2000  eNetpc  entered  into  a  Stock  Exchange   Agreement  (the
"Agreement") with the shareholders of International  Trade Center, Inc. ("ITC"),
a global  distributor of computer and computer related  accessories,  to acquire
all of the issued and outstanding  stock of ITC. All of the conditions  required
to close the  transaction  were  completed June 21, 2000 and on that date eNetpc
acquired all of the issued and outstanding stock of ITC.

Under the terms of the  Agreement,  at closing,  eNetpc  issued shares of eNetpc
common stock in exchange for the stock of ITC. The  shareholders of ITC received
an aggregate 9,576 shares of eNetpc common stock.  The four former  shareholders
of ITC,  now  employees of eNetpc,  were also each  granted  options to purchase
25,000  shares of eNetpc  common  stock at $1.75 per share.  The options  become
exercisable  five years after their  issuance and may become  exercisable  three
years  after  their  issuance,   if  certain   performance   criteria  are  met.
Compensation  expense of $550,000 will be amortized over the vesting period as a
result of granting these options.

                                       7
<PAGE>


ITEM 2. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

                              RESULTS OF OPERATIONS

The  following  table  sets  forth,  for the  periods  indicated,  statement  of
operations data as a percentage of net sales:
<TABLE>
<CAPTION>

                                  Three Months Ended        Six Months Ended
                                       August 31                 August 31
                                  2000          1999        2000         1999
                                  ----          ----        ----         ----
<S>                              <C>           <C>        <C>          <C>

Sales                             100.0%        100.0%      100.0%       100.0%
Cost of sales                      88.3          82.4        91.3         82.7
                                 ------        ------      ------        ------
Gross profit                       11.7          17.6         8.7         17.3
                                 ------        ------      ------        ------

Operating expenses
General and administrative         14.3          26.7        12.6         23.8
Sales and marketing                 2.7           0.3         1.5          1.1
                                 ------        ------      ------        ------
                                   17.0          27.0        14.1         24.9
                                 ------        ------      ------        ------

Loss from operations               (5.3)         (9.3)       (5.4)        (7.6)

Other income (expense)             (1.0)         (0.1)       (0.6)        (0.1)
                                 ------        -------     -------       ------

Net loss                           (6.3)%        (9.4)%      (6.0)%       (7.7)%
                                 =======       =======     ========      =======
</TABLE>

COMPARISON OF THE THREE MONTHS ENDED AUGUST 31, 2000 AND 1999

NET SALES. Net sales increased $2,308,458, or 229.7%, to $3,313,280 in the three
months ended August 31, 2000 compared to  $1,004,822  for the three months ended
August 31, 2999.  CyberStar (R) division sales decreased $244,201 to $463,437 in
the second  quarter of fiscal 2001 from $707,638 in the second quarter of fiscal
2000. VAR division sales decreased $124,266 to $172,918 in the second quarter of
fiscal  2001  from  $297,184  in the  second  quarter  of fiscal  2000.  Virtual
Distribution  division  sales were  $2,676,925  for the second quarter of fiscal
2001, the second quarter of its operations.

GROSS PROFIT.  Gross profit for the second  quarter of fiscal 2001 was $388,943,
or 11.7% of net sales, compared to $177,178, or 17.6% of net sales, in the prior
year.  The increase in gross profit is due primarily to increased  sales volume,
while the  decrease in the gross profit  margin  results from lower gross profit
margins on sales in the Virtual Distribution division.

OPERATING EXPENSES.  General and administrative expenses were $473,922, or 14.3%
of net sales,  in the second  quarter of fiscal 2001  compared to  $267,896,  or
26.7% of net sales,  in the second quarter of fiscal 2000.  This increase is due
primarily  to  additional  staff  resulting  in an  increase in salary and other
employee   related   expenses  of  $82,180,   amortization  of  deferred  option
compensation of $64,919,  an increase of $24,353 in professional  and consulting
fees and an  increase  in bad debt  expense  of  $24,188.  Sales  and  marketing
expenses  increased by $86,950 due primarily to commissions paid on sales in the
Virtual Distribution division.

                                       8
<PAGE>

The loss from  operations  increased  by  $81,211  to  $(175,356)  in the second
quarter of fiscal 2001 from  $(94,145) in fiscal 2000  reflecting an increase in
operating  expenses  of  $292,976  offset by an  increase  in gross  profits  of
$211,765.

Interest expense increased by $35,690 to $35,722 in the second quarter of fiscal
2001  from $32 in  fiscal  2000 due to  increased  borrowings  on a bank line of
credit and other short term borrowings.

As a  result  of the  foregoing  factors,  net loss  increased  by  $113,111  to
$(208,053) in the second quarter of fiscal 2001 from $(94,942) in fiscal 2000.

COMPARISON OF THE SIX MONTHS ENDED AUGUST 31, 2000 AND 1999

NET SALES.  Net sales increased by $4,414,409,  or 204.7%,  to $6,570,701 in the
six months ended August 31, 2000 compared to $2,156,292 for the six months ended
August 31, 1999.  CyberStar (R) division sales decreased by $524,569,  or 35.7%,
to $943,039 in the six months ended August 31, 2000 compared to  $1,467,608  for
the same period in fiscal 2000.  VAR division  sales  decreased by $251,072,  or
36.5%,  to $437,612 in the six months ended August 31, 2000 compared to $688,684
for the same period in fiscal 2000.  Virtual  Distribution  division  sales were
$5,190,050  for the six months  ended  August  31,  2000.  Virtual  Distribution
division  sales were  approximately  79% of total sales in the six months  ended
August 31, 2000 while CyberStar (R) division sales  accounted for  approximately
14% and VAR division accounted for approximately 7%.

GROSS  PROFIT.  Gross  profit  for the six  months  ended  August  31,  2000 was
$572,309,  or 8.7% of net sales, compared to $373,084, or 17.3% of net sales, in
the prior year. The increase in gross profit is due primarily to increased sales
volume,  while the decrease in the gross profit margin  results from lower gross
profit margins on sales in the Virtual Distribution division.

OPERATING EXPENSES.  General and administrative expenses were $828,726, or 12.6%
of net sales, for the six months ended August 31, 2000 compared to $513,386,  or
23.8% of net sales,  for the six months ended August 31, 1999.  This increase is
due primarily to additional  staff  resulting in an increase in salary and other
employee  related   expenses  of  $125,310,   amortization  of  deferred  option
compensation of $99,098,  an increase of $49,817 in professional  and consulting
fees and an  increase  in bad debt  expense  of  $42,263.  Sales  and  marketing
expenses  increased by $75,405 due primarily to commissions paid on sales in the
Virtual Distribution division.

The loss from  operations  increased by $191,520 to $(354,605) in the six months
ended August 31, 2000 from $(163,085) in fiscal 2000,  reflecting an increase in
operating  expenses  of  $390,745  offset by an  increase  in gross  profits  of
$199,225.

Interest expense  increased by $39,210 to $41,434 in the six months ended August
31, 2000 from $2,224 in fiscal 2000 due to increased  borrowings  on a bank line
of credit and other short term borrowings.

As a  result  of the  foregoing  factors,  net loss  increased  by  $226,466  to
$(391,881)  in the six months  ended August 31, 2000 from  $(165,415)  in fiscal
2000.



                                      9
<PAGE>

LIQUIDITY AND CAPITAL RESOURCES

The  Company's  cash  position at August 31, 2000 was  $766,871,  an increase of
$270,385 from $496,486 at February 29, 2000.  During the six months ended August
31, 2000,  net cash used in operating  activities  was $962,868 due primarily to
net losses of  $361,141,  increases  in accounts  receivable  of $318,685 and in
inventory  of $168,132  and a reduction  in accounts  payable of  $212,946.  The
increases  in accounts  receivable  and  inventory  are the result of  increased
sales,  the reduction in accounts  payable is due to shorter  payment terms from
vendors in the Company's Virtual  Distribution  division.  During the six months
ended August 31, 1999,  net cash provided by operations  was $157,773  primarily
due to  reductions  in accounts  receivable,  inventory  and an insurance  claim
receivable which were offset by net losses and a reduction in accounts payable.

Net cash used in  investing  activities  in the six months ended August 31, 2000
was  $145,889  due  to  the  purchases  of  equipment,  computers  and  software
development.  Net cash used in  investing  activities  for the six months  ended
August 31,  1999 was $6,630 due to the  purchases  of $15,058 of  equipment  and
computers which was offset by proceeds of $8,428 from the sale of equipment.

Net cash provided by financing  activities of $1,379,142 in the six months ended
August 31, 2000 consisted of $1,079,142  from the proceeds of the sale of common
stock and  $300,000  borrowed  under a  revolving  line of  credit.  Net cash of
$150,000 used for financing  activities for the six months ended August 31, 1999
consisted  of  payments on  outstanding  borrowings  under a  revolving  line of
credit.

The Company has a revolving line of credit of $300,000 with a bank. This line of
credit is secured by all of the  Company's  assets and the personal  guaranty of
the majority  shareholder.  Borrowings under the line accrued interest at a rate
of 1.0% over the prime rate (9.5% at August 31,  2000) and  amounted to $300,000
at August 31, 2000.

Forward-Looking Statements
--------------------------

Forward-looking   statements  herein  are  made  pursuant  to  the  safe  harbor
provisions of the Private  Securities  Litigation  Reform Act of 1995. There are
certain  important  factors that could cause results to differ  materially  from
those anticipated by some of the statements made herein. Investors are cautioned
that all  forward-looking  statements  involve risks and uncertainty.  Among the
factors that could cause actual results to differ  materially are the following:
market acceptance of new products,  changes in competitive environment,  general
conditions  in the  industries  served  by  the  Company's  products,  continued
availability  of financing and related costs,  and overall  economic  conditions
including inflation.


                                       10

<PAGE>


                           PART II. OTHER INFORMATION

Item 4.  Submission of Matters to a Vote of Security Holders

     (2)  The Company held its Annual Shareholders' meeting on August 8, 2000.

     (b)  (1) The election of three  directors  to serve for one-year  terms was
          approved.

                                Affirmative             Voting Authority
      Name                         Votes                     Withheld
----------------------       -----------------          ----------------
 Richard A. Pomije              3,807,865                     2,200
 James T. Greenfield            3,807,865                     2,200
 Ed Havlik                      3,807,865                     2,000

         There were no abstentions and no broker non-votes.

     (2)  The  amendment   and   restatement   of  the  Company's   Articles  of
          Incorporation  was approved.  There were  3,799,965  votes for,  5,100
          votes withheld, 5,000 abstentions and no broker non-votes.

Item 6.  Exhibits and Reports on Form 8-K

     (a)  Exhibits

               3.1  Amended and Restated Articles of Incorporation
               27   Financial Data Schedule

     (b)  Reports on Form 8-K

               A Report on Form 8-K, dated June 21, 2000,  reporting under Items
               2, 5, and 7 was filed during the quarter ended August 31, 2000.


                                       11

<PAGE>


                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                                    ENETPC, INC.


Dated:  October __, 2000                            By  /s/ Jonathan J. Bumba
                                                    ----------------------------
                                                     Jonathan J. Bumba
                                                     Its Chief Executive Officer

                                       12